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Plan to Hike EU Taxes Draws Stiff Opposition

Summary by nieuwrechts.nl
The European Commission is working on a plan for a new tax on large corporations. But the proposal is facing stiff opposition, particularly from Germany. This makes the chances of this tax ever actually being implemented seem slim. Nevertheless, Brussels is pressing ahead, De Telegraaf reports.

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The European Commission is working on a plan for a new tax on large corporations. But the proposal is facing stiff opposition, particularly from Germany. This makes the chances of this tax ever actually being implemented seem slim. Nevertheless, Brussels is pressing ahead, De Telegraaf reports.

The EU is planning a new tax for companies – but there is sharp criticism from Upper Franconia. IHK President Michael Waasner calls the EU Commission's proposal "completely wrong" and warns: the new tax would hit many domestic companies – not only large but also medium-sized companies. From Waasner's point of view, the planned tax damages the competitiveness of regional companies and "destroys confidence". Only now has the Federal Government dec…

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mainwelle.de broke the news in on Friday, July 18, 2025.
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